Eldridge Investment Advisors Inc. Has $2.98 Million Holdings in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN)

Eldridge Investment Advisors Inc. boosted its holdings in shares of Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) by 143.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 59,137 shares of the company’s stock after acquiring an additional 34,850 shares during the quarter. Eldridge Investment Advisors Inc. owned 0.38% of Eaton Vance Floating Rate ETF worth $2,978,000 at the end of the most recent quarter.

Separately, Flow Traders U.S. LLC acquired a new stake in Eaton Vance Floating Rate ETF during the 3rd quarter worth about $1,778,000.

Eaton Vance Floating Rate ETF Stock Performance

Shares of NYSEARCA EVLN opened at $49.82 on Friday. Eaton Vance Floating Rate ETF has a one year low of $49.73 and a one year high of $50.90. The business has a 50-day moving average price of $50.32 and a two-hundred day moving average price of $50.38.

Eaton Vance Floating Rate ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Friday, January 31st were given a dividend of $0.3196 per share. The ex-dividend date of this dividend was Friday, January 31st.

Eaton Vance Floating Rate ETF Company Profile

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.